Michelle Bowman

The Federal Reserve is restructuring bank supervision into five regions, following state lines, and putting one regional leader in charge. It's also planning to revise regulatory thresholds so that banks will need to be bigger before tougher standards kick in.

OpenAI-Anthropic-Cohere.jpg

Research shows artificial-intelligence programs bolster bad decisions and reduce diversity of thought, posing risks to banks' culture and governance.

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Former bank CEOs David Provost and Chip Reeves assumed control of Parkway Bank on Thursday. They plan to use the $3.7 billion-asset bank as a springboard for organic growth and potential M&A throughout the Midwest.

Travis Hill

Federal Deposit Insurance Corp. Chair Travis Hill said Tuesday that regulatory changes to bank supervision and M&A rules are meant to improve safety and soundness rather than water down oversight.

Technology
Jonathan Gould

There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.

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